Comprehensive transition planning is essential for achieving the ambition of the Paris Agreement. Given the scale of transformation required, climate action will need to be embedded into almost every aspect of government strategy at national, sub-national and local levels. Clear, coherent, and coordinated government strategy will provide companies with guidance and capital providers with confidence to invest in the transition.

National Transition Plans (NTPs) workshop was organized jointly by Transition, HP5 and HP1/6 workstreams, to introduce members to the topic of NTPs, to provide clarity of a variety of transition plan frameworks and guidance documents for the private sector – and link them to the key elements of the NTP (see Figure 1 and Policy Brief), as well as to explain the relationship of NTP to the Net Zero Strategy, NDCs and Long Term Low Emission Development Strategies. By developing NTPs, Ministries of Finance have an opportunity to improve their internal coordination, strengthen policy guidance for the private sector, and attract climate finance.

Figure 1: Integrating transition guidance, policies, and finance

A screen shot of a computer

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Note: The content under each of the five pillars of TPs for corporate and financial sector is drawn from the disclosure framework developed by the GFANZ and TPT.


  1. Coalition Co-Chair Deputy from Indonesia opened the workshop
  2. Presentations on NTP content: How to connect transition guidance, policies, and finance

        Moderated by Charlotte Gardes-Landolfini, Climate Change, Energy and Financial Stability Expert, IMF

  • Kate Ryan, International Engagement Lead for the Transition Plan Taskforce (TPT) Secretariat - presented the TPT framework for corporates and financial sector. Slides
  • Robert Youngman, Team Leader for Green Finance and Investment (GFI) in the Environment Directorate of the Organisation for Economic Co-operation and Development (OECD) – presented OECD guidance on transition finance and transition planning. Slides
  • Ozgur Altun, Associate Director in the Sustainable Finance Team, The International Capital Market Association (ICMA) – presented on the state of transition finance and how the adoption of standardised transition plans could unlock the market. Slides
  • Thomas Tayler, Head of Climate Finance, Aviva – presented on the need to create a transition planning “ecosystem” informed by global goals, consisted of NTPs, Regulator and supervisor plans, Financial institution plans, and Corporate plans. Slides
  • Joaquim Leite, Head of Climate Finance, NDC Partnership - presented on the building blocks for transformational climate action
  1. Discussion
  • Pak Noor, Co-Chair Representative of the Coalition of Finance Ministers for Climate Action, Ministry of Finance of Indonesia – discussed how to incorporate the Indonesia Just Energy Transition Partnership program in an NTP
  • Miriam Laurance, Head of Global Issues, UK Treasury - presented on their experience in supporting real economy transition plans and developing domestic UK Government strategies for net zero
  • Carolina Grottera, Program Director, Ministry of Finance of Brazil – presented on Brazil's Ecological Transition Plan
  • Martín Lobos, Advisor, Public Debt Office, Ministry of Finance of Chile – presented on their sovereign sustainability-linked bonds that are closely aligned with the just transition
  • Mark Manning, Sustainable Finance Advisor, London School of Economics – presented key elements of NTPs and their link to NDCs. Please see Policy Brief describing key elements of the NTPs.
  • Open discussion
  1. Closing

 Special thanks to Olha Krushelnytska, Peter Knaack, and Fiona Stewart (World Bank) for preparation of this workshop.